Former Elf chief charged with cheating Emirati businessman out of Dh176m

The National staff

The former head of French oil giant Elf, Loik Le Floch-Prigent, has been charged with accessory to fraud in Togo, his lawyer said yesterday.

Mr Le Floch-Prigent was questioned on Monday for three hours by a Togolese judge who handed down the charge following his lightning-fast extradition from Ivory Coast over the weekend.

The investigation involves a complaint from Emirati businessman Abbas Al Yousef who alleges he was the victim of a US$48million (Dh176m) fraud.

Mr Al Yousef claims Mr Le Floch-Prigent was acting as his personal adviser at the time.

newsdesk@thenational.ae

Pages:

Back to the top

Homes hard to find in UAE for abandoned baby boys

Emirati doctors ease pain of Syrian war victims in Jordan

Sound & Vision

In pictures: Business picks up for UAE property model makers See Pictures
Video: Police search homes after British soldier's murder Watch Video
In pictures: UAE war games See Pictures
In pictures: Qatar's 2022 World Cup dream stadiums See Pictures
In pictures: Touring Umbria and Tuscany See Pictures
Video: London killing 'terrorist related' Watch Video
Video: Oklahoma tornado - the student's tale Watch Video
Video: Britain calls emergency meeting after man killed in London Watch Video
Video: FBI kills man questioned over Tsarnaev links Watch Video

UAE news

Business picks up for UAE property model makers

Editor's Picks

Louvre Abu Dhabi is a modern marvel in the making

The stunning dome designed by Jean Nouvel will be the first thing visitors to the Louvre Abu Dhabi will see when they arrive at the museum in 2015. Courtesy Tourism Development & Investment Company

The Louvre Abu Dhabi will open its doors to visitors in 2015, but one of the most crucial phases of construction is well under way. Louvre Abu Dhabi is a modern marvel in the making

Onward and upward for Cosmin Olaroiu at Al Ain next season

Al Ain players celebrate after lifting the Pro League trophy. Anas Kanni / Al Ittihad

As Al Ain's title coronation was being completed, coach Olaroiu was already putting in place plans for yet more success. Onward and upward for Cosmin Olaroiu at Al Ain next season

Design like a pro with our expert tips

Pull together as many interior design magazines as possible and collate images that reflect what you would like your home to look like. Pawan Singh / The National

Your budget may not allow for the services of an interior designer but these tips will help you create a home that looks like its been put together by a pro. Design like a pro with our expert tips

The Orient, expressed in Abu Dhabi

Dome of the Rock Mosque in Jerusalem, 1844, by Joseph-Philibert Girault de Prangey. Courtesy of Louvre Abu Dhabi Agence photo F

A discussion at Manarat Al Saadiyat will examine the art and photography of European artists travelling 'through the lights and images' of this region, writes Nick Leech The Orient, expressed in Abu Dhabi

UAE rugby hope the kids are all right

JJ Fanucci of Dubai Exiles during the Jebel Ali Sevens Rugby at the Jebel Ali Centre of Excellence, Jebel Ali on the 16th November 2012. Credit: Jake Badger for The National

Freshly relegated, no better time for a youth movement than the present, writes Paul Radley. UAE rugby hope the kids are all right

Global shift in North American sport

A Nintendo DS Lite portable game system is displayed at Safeco Field in Seattle, Friday, June 29, 2007, prior to an MLB baseball game between the Toronto Blue Jays and the Seattle Mariners. Nintento is making a pitch to use its portable DS Lite to allow fans to order food and drinks, watch the live television feed of the game, access stats and scores and play trivia, from their seats during the game. (AP Photo/John Froschauer)

In 1992, Major League Baseball commissioner Fay Vincent initially opposed an effort by a Japanese mogul to purchase the Seattle Mariners. Expect more to come. Global shift in North American sport

In pictures: Business picks up for UAE property model makers

Companies tasked with making scale models to announce developments in Dubai report business is picking up. Words by Martin Croucher. Photos by Christopher Pike / The National

Companies tasked with making scale models to announce developments in Dubai report business is picking up. In pictures: Business picks up for UAE property model makers